POS 0.00% 0.5¢ poseidon nickel limited

questions for the capper at 92 cents

  1. 588 Posts.
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    Q1. Do you realise that if you didn't keep putting in a large sell at 92 cents every time it tries to break through, you would most likely get a higher price for your shares?

    If you don't understand this concept, then I would be very surprised.


    Q2. If you do understand,then how else could you explain yourself other than you are trying to manipulate the share price, so that you and/or your mates can get these shares on the cheap when you are ready?

    Of course ASX are weak as pizz in these instances.

    BTW Recently when posoa (options) had a last price of 20 cents and a seller finally hit the boards at 35cents, a friend of mine tried to bid the 35cent asking price.
    Only about 2500 were available for sale.
    My mate puts his bid in at the market (ie 35cents) , (a whopping $750 purchase), and this was rejected, because ASX deemed that such a bid could be seen to artificially inflate the price at days end. Next day, someone else successfully buys those very same oppies.

    No wonder people get sick of the bs in the market place.
 
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